Log In/Sign Up
Your email has been sent.
29 E 73rd St
New York, NY 10021
Retail Property For Sale
EXECUTIVE SUMMARY
29 East 73rd Street is a mixed-use commercial townhouse featuring retail, office, and residential space on a treelined Central Park block in one of Manhattan’s most sought after residential neighborhoods. The five-story building is currently split across three units, consisting of two commercial tenants on the bottom three floors and an owner-occupied duplex on the 4th and 5th floors. The ground floor, basement level, and backyard are occupied by Ivar jewelry, while the second and third floors are leased to a boutique gym. The top two floors are occupied by the current owner and will be delivered vacant upon closing. The Property presents the possibility to convert the entire building into a 4-5 unit multifamily building or a single family home, making it an attractive opportunity given its location between 5th and Madison Avenues.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
15,000 SF
Building Class
B
Year Built
1910
Price
$8,000,000
Price Per SF
$533.33
Cap Rate
3.77%
NOI
$301,240
Percent Leased
100%
Tenancy
Multiple
Building Height
5 Stories
Building FAR
12.30
Lot Size
0.03 AC
Zoning
C5-1 - Central commercial district with continuous retail frontage intended for offices and retail establishments that serve the entire metropolitan region
Frontage
PROPERTY TAXES
| Parcel Number | 1388-0116 | Improvements Assessment | $585,576 |
| Land Assessment | $419,652 | Total Assessment | $1,005,228 |
PROPERTY TAXES
Parcel Number
1388-0116
Land Assessment
$419,652
Improvements Assessment
$585,576
Total Assessment
$1,005,228
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
